Lightning is complicated, difficult to use, sometimes doesn't work properly, requires a lot of learning and experimentation, and is still a risky place to hold Bitcoin funds. Doesn't this make it a protocol destined to obscurity and disuse? Doesn't it mean that better, simpler options will simply replace it, and Bitcoin is to fail from its extensive limitations? Find out all the ways I find Lightning *doesn't* do its job well, & what I think it means for the future in today's Guy's Take episode!
Mentioned in the show:
paywall.link
pollofeed.com
schnorr signatures
previous Guy's take on the complexity of the internet
"Up until a few months ago, the best developers played the violin. Today, they play the orchestra."~ Justin Searls Is AI rewriting what it...
"The power of prices is the process of dynamic discovery that underpins their emergence, not the fleeting consensus of a specific moment in time. ...
"Owning bitcoin is often put in contrast to owning stock in a company that produces a good or service. In virtue of the company...